Attracting international interest

The Narendra Modi-led Indian cabinet has already given the act to privatize state-owned Bharat Petroleum Corporation by divesting the government’s 53.29 % equity stake within the company. The Mukesh Ambani-led RIL has recently declared a deal in theory with Saudi Aramco to sell a 20 % stake within the group’s plant and organic compound business. Among the 2, India is that the quickest growing for the oil and gas market.

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